A look at centralized and decentralized exchanges:
On CEXs, usually only deposits and withdrawals generate on-chain transactions; trades within the platform only change the balances recorded by the platform.
On DEXs, anyone can create a new pool, the barrier to listing new coins is low, and there are more counterfeit tokens, so check the contract address to identify a coin.
$BNB 590.9(-0.085%)
On CEXs, usually only deposits and withdrawals generate on-chain transactions; trades within the platform only change the balances recorded by the platform.
On DEXs, anyone can create a new pool, the barrier to listing new coins is low, and there are more counterfeit tokens, so check the contract address to identify a coin.
$BNB 590.9(-0.085%)